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Graceville, MN Real Estate


According to census data in the year 2000 there were 285 housing units in Graceville. This represents a 8.7% decline from 312 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 285 were located in what is classified as a rural area.

Homeownership rate in Graceville is about 82.6%. Graceville's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Graceville were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11.20%
Two Bedrooms30.90%
Three Bedrooms28.40%
Four Bedrooms22.10%
Five Bedrooms or more6%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1939
Median Value of occupied units$44,600
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size1.49
Median year structure was built1974
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan1.10%
Simple Mortgage43.50%
Debt Free52.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%